Review on Bitgo Wallet by LUIS RIVERO R
Custody wallet for business use.
This is a custody wallet, that is, the user does not handle the private keys of their assets. The storage is centralized, according to official data they have different forms of audit by third parties.
In general, this wallet is aimed at a more professional public that needs high storage standards for the different assets.
Highly secure with different form of cold storage, this for large users. You can request asset custody services to reduce costs for infrastructure purchase and what this entails, that is, constant updates.
Safe and reliable solution for storage in use cases, especially for exchanges.
Pros
- According to official information they have insurance for possible losses.
- Supports more than 200 cryptocurrencies and tokens
- Receive rewards for staking the coins that support it.
- Easy to use design.
Cons
- Custody of assets by this wallet.
